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824 North 48th Street

824 North 48th Street, Omaha, NE 68132
Multifamily in Dundee
Sold Nov 30, 2018
$188,000
$159,375 by Arbor Bank
Mortgage Due May 01, 2051
Sold Dec 31, 2008
$115,000
Local assessors in Omaha, NE have categorized 824 North 48th Street as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 4,368 square feet. The linear feet between the front and back of the lot was measured at 840 ft and the front of the lot was measured at 520 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 824 North 48th Street has a total of 2,312 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 324 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 824 North 48th Street sold most recently in Nov 20, 2018 for a total of $188,000. If you work out the math, that's approximately a cost of $54.21 per sqft. Before that, the property was also sold for $115,000 in Dec 31, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,733 in taxes each year. 824 North 48th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $265,500. If we break it down further, the land itself was valued at $20,500. Improvements to the property, however, were assessed at a total of $245,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,156
  • Garage Type: Carport
  • Garage Square Area: 324
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,368
  • Lot Size Depth Feet: 840
  • Lot Size Frontage Feet: 520
  • Total Building Area: 3,468
  • Gross Building Area: 3,468
  • Building Area: 2,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CARTHAGE ADD
  • Land Acres: 0.1
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: CARTHAGE ADD LOT 2 BLOCK 21 E 84 FT LT 1 & E 84 N 6 FT - 52 X 84

Ownership

  • Current Owner : PARKER JENNIFER HELEN
  • Previous Owner : CDM PROPERTIES LLC
  • Owner Before Previous Owner: GRAESSER LORI L
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 06, 2023

Neighborhood

  • School District Name: Omaha Public Schools
  • Census Tract: 004800

Zoning

  • Zoning: R535

Geography

  • Account Number: R0753810000
  • Parcel: 5381-0000-07
  • Block: 21
  • Lot: 2,1
  • Latitude: 41.2678
  • Longitude: -95.9859

    Address

  • Full Address: 824 N 48th St
  • Address - House Number: 824
  • Street Direction: N
  • Address - Street Name: 48th
  • Address - Suffix Type: St
  • State: NE
  • City Name: Omaha
  • Carrier Code: C052
  • 4-Digit Zip Code: 2431
  • Zip Code: 68132

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,733

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 76
  • Final Value: 301,482
  • High Value: 356,709
  • Low Value: 246,254

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $184,375
  • First Open Lien Mortgage Lender: ARBOR BANK
  • First Open Lien Mortgage Recording Date: Jun 11, 2021
  • First Open Lien Mortgage Loan Amount: $159,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051
  • Second Open Lien Mortgage Lender: ARBOR BANK
  • Second Open Lien Mortgage Recording Date: Nov 28, 2022
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $265,500
  • Market Land Value: $20,500
  • Market Improvement Value: $245,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,500
  • Assessed Land Value: $20,500
  • Assessed Improvements Value: $245,000

    Sales

  • Current Sale Contract Date: Nov 20, 2018
  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Transaction ID: 11548562450
  • Current Sale Price: $188,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018094647
  • Previous Sale Recording Date: Dec 31, 2008
  • Previous Sale Contract Date: Dec 31, 2008
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARBOR BANK
  • First Mortgage Transaction Date: Nov 30, 2018
  • First Mortgage Loan Amount: $159,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

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Frequently Asked Questions

What neighborhood is 824 North 48th Street located in?
The 824 North 48th Street is a multifamily located in the neighborhood of Dundee in Central Omaha, Omaha.
What is the average sales price for listings in 824 North 48th Street?
The average sales price for units in 824 North 48th Street is $0 currently.

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